The stock broke out of ₹525 last Thursday, thereby confirming the bull-flag chart pattern. After marking a high of ₹544.5, the price softened and is now finding support of 20-day simple moving average. Since the scrip is in a sharp uptrend, it is expected to extend the rally in the upcoming sessions and so, the current price level seems like good entry area. The...
CAN LONG EURUSD ABOVE BREAKOUT WITH STOPLOSS AND TARGETS AS SHOWN ON CHARTS
Always Trail Your Stop losses as price moves on winning side
For educational and monitoring purpose
consult your financial analyst before trading & Trade on your own risk
torrent pharm bull flag pattern. now reversing from the lower part of the flag. you can view it as a triangle formation also.
buy at current market price. with a stoploss of 2320 or 2275 which ever suits you for a target of 2500....2600++
This was the trade plan for 07 Apr 20 onwards for UJJIVAN based on ''POWER OF BULLFLAG" which was trading @ 141.50 made high of 164.55 now @ 157.20
Actual Trade plan of 07 Apr 20
Now special attention is required on 16 Apr 20 1415 hrs for probable...
NIFTY Trade plan 2 Long ONLY AFTER 1015 hrs- 1315hrs
Possibly End of Wave c/(2) or (B)
Support is around – 8528-8342-8212
Going Long from support would be a good idea
We can expect a Higher levels as mentioned on chart as Targets. Follow through of the said view can easily take #Nifty to 9859-10100 levels
Those who want to go long should have...
Presenting my view on Deep Industries which may be a potential MULTIBAGGER
watch Bull Flag & Bear Flag in action
do let me know if explanation required
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Dhiraj Singh Bais
Warrior @ Battle field
Trade strategy for ABB India Ltd can be approached by 3 ways. Below are the ways mentioned,
1. Since 1620 is good resistance, shorts can be initiated at current levels with stops above previous traded high of 1640. Exit points can be either on i)Rising trendline level or ii)Support area between 1547 & 1567 or iii) 1505/10
2. If the stock breaks the above...
Bajaj Finance trading along a channel, has hit the upper end. There might be a small drop from this level if the channel is to hold. Also notice a bullish continuation pattern formed within the channel. Hence, if the channel upper end is broken, we can expect the stock to move to 3695 level.
(Disclaimer: Our charts and contents are just for the purpose of...
Bullish Flag pattern spotted in NTPC . Pattern seems to be confirmed and hence the stock could move towards 148. Previous top at 137.5 can act as an intermediate resistance.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in...
After hitting the mark of $65, crude oil is consolidating in the form of a bullish flag pattern.
Two legs of the flag pattern has completed and it is currently at its third and final leg.
Although, we expect the flag pattern to render a bullish breakout, for now, we expect a movement to the resistive trendline only.